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Long-Run Macroeconomic Equilibrium Occurs When the Aggregate Demand Curve ________

Question 171

Multiple Choice

Long-run macroeconomic equilibrium occurs when the aggregate demand curve ________ the short-run aggregate supply curve,and they ________ the long-run supply curve.


A) intersects; intersect at a point to the right of
B) intersects; intersect at a point on
C) is steeper than; intersect at a point to the left of
D) is flatter than; intersect at a point to the right of

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